Oil Price Watch

[uls]

quote ko lang sarili ko hehe

page 121 #1204 6/22/12

now the only thing that can stop the decline in oil prices is some saber-rattling from Iran

European sanctions begin July

[uls]

from page 110:

So ULS, you are Smarter than the SHELL CEO too.

Shell CEO sees oil price falling more in 2012

Demand is quite clearly softening, but I wouldn’t say it’s collapsing. Today the market has enough oil, more oil than we need…I see (oil prices) softening in the second-half,” Voser told CNBC on the sidelines of the World Gas Conference in Kuala Lumpur on Tuesday. CNBC, June 5, 2012. a Few Hours ago.

Hey ULS, has it ever occurred to you that people other than yourself can be Right?

These people actually work in the Oil and Financials Industry, while you are just an Armchair analyst.

i'm just reminding myself re this post ^^^

Shell CEO sees oil price falling more in 2012

I see (oil prices) softening in the second-half

i know it's too early

the second half just started

i'll be revisiting this later in the year

[Ry_Tower]

^ nobody knows the future kasi. Kaya mahirap magsalita ng tapos.

[niky]

Frick. Brent Crude at $100? That was damn fast. Fill those tanks NOW! Again!

Go Iran!

^ nobody knows the future kasi. Kaya mahirap magsalita ng tapos.

Meh... if you try to predict business trends based solely on a strict supply-demand basis, you're an idiot.

And the only reason we have more oil than we need right now is because the tanked economies have backed off demand. Even China's industrial growth is grinding to a halt on the back of weak European and American markets.

[CVT]

Frick. Brent Crude at $100? That was damn fast. Fill those tanks NOW! Again!

Go Iran!



Meh... if you try to predict business trends based solely on a strict supply-demand basis, you're an idiot.

And the only reason we have more oil than we need right now is because the tanked economies have backed off demand. Even China's industrial growth is grinding to a halt on the back of weak European and American markets.

Ginawa ko na bro.,- on our other van,- kagabi... :hysterical:

16.1K:nerves:

[uls]

^ nobody knows the future kasi. Kaya mahirap magsalita ng tapos.

ya tell that to the Shell CEO if Brent doesnt fall to $85 and WTI to $70 in 2H 2012

[Ry_Tower]

^ Mamayang gabi na ako! For sure price increase na yan by weekend.

[greenlyt]

teke teka wala pa akong pang full tank

[uls]

di ganun kadali

titigil lang ang rollback

[glenn manikis]

before mag increase ng price ang oil co. dito sa pinas, hihintayin muna nila ibaba ang pamasahe sa jeep taxi etc... at isasama ni pnoy yan sa SONA NYA.... ang mababang oil price at mas mababang pamasahe.... opinion ko lang po ito....

[Ry_Tower]

Kaya pal nahinto pagtaas ng oil.

Asian shares, euro slump on growth worry after weak U.S. jobs - Yahoo! Finance

[Monseratto]

Bawian na!

Oil price hike looms

By Alvin Elchico, ABS-CBN News
Posted at 07/09/2012 6:07 PM | Updated as of 07/09/2012 6:07 PM

MANILA, Philippines - A new round of pump price increase may be announced anytime.

According to the Department of Energy, the price hike is due to issues in Iran and Norway.

Reuters reported of a possible production shutdown in Norway due to labor problems. There are also problems in oil producer Iran.

Despite the 13 price cuts, which totaled P11.12 per liter for gasoline and P 10.56 per liter for diesel, motorists and transport groups are not satisfied.

Pasang Masda said there should be no cut in fares if the looming price hike will be followed by another increase.

[CVT]

Wala nang isip-isip ang mga oil companies niyan...

16.2K:bat:

[Monseratto]

Diesel sa Petron Quezon Ave was P48.35, now P49.75...

MANILA, Philippines (1st UPDATE) - Several oil companies have announced prices increases in their fuel products effective Tuesday.

In an advisory to the Department of Energy, Shell and Chevron said starting 6 a.m. Tuesday, their premium gasoline will rise by P1.55 per liter.

Their diesel and kerosene will go up by P1.40 per liter while regular gasoline will rise by P1.80 per liter.

Total is also announcing similar price increases by 6 a.m. Tueday.

Its unleaded gasoline and Protec gasoline will go up by P1.55 per liter, its regular gasoline will rise P1.80 per liter, while its diesel pump price will increase by P1.40 per liter.

Flying V, meanwhile, will implement price hikes effective 12:01 a.m. Tuesday.

Its fuel prices will go up as follows: P1.55 per liter hike in unleaded and premium gasoline; P1.80 per liter hike in regular gasoline; P1.40 per liter rise biodiesel and kerosene.

According to the Department of Energy, the price hike caused by issues in Iran and Norway. - reports from Alvin Elchico, ABS-CBN News

[uls]

Kaya pal nahinto pagtaas ng oil.

Asian shares, euro slump on growth worry after weak U.S. jobs - Yahoo! Finance

umabot ng $100 kagabi coz the Norwegian govt didnt seem like they were gonna intervene in the strike

then at the last minute the Norwegian govt intervenes

Brent falls to $98

[Ry_Tower]

umabot ng $100 kagabi coz the Norwegian govt didnt seem like they were gonna intervene in the strike

then at the last minute the Norwegian govt intervenes

Brent falls to $98

Oo nga eh pero the price increase was fast as usual

[niky]

Oo nga eh pero the price increase was fast as usual

The price increase is in reaction to the jump back to the 95+ level... not the jump to 100. Remember, we're coming off a low of under $90 for Brent, and the price still went down last week despite Brent going back up to 95.

The price increase that will bring us fully back to the gas prices we had at $100+ Brent Oil will come later on. Remember, we've dropped almost ten bucks a liter... so gaining two pesos back isn't much.

[uls]

yup keep in mind 1 week delay ng local pump prices sa oil price

[uls]

Brent doesnt even wanna fall to $95 na



looks like the shorts (those betting oil price will fall) got burned in late June

[uls]

$102



somebody pls remind the market there's too much oil in North America